Diversified industrial conglomerate Jebsen & Jessen Group today announces the acquisition of MSM Group, a Mongolia-based company headquartered in Ulaanbaatar, thereby establishing a market-leading position in the fast-growing market of Mongolia.

Diversified industrial group Jebsen & Jessen today announces the acquisition of MHE-Demag's Industrial Products (IPD) Business, a member of Konecranes Group – a move that will expand the family enterprise's portfolio and position it to meet the need for engineered mechanical solutions in the rapidly urbanizing South East Asia region. The deal is expected to close in April 2023.